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I hope that isn't the royalty that CYPW is getting... Hopefully we find out it is at least 2-5 times that.
Phoenix emailed me and says Phoenix 10 should be on market in fall with a MSRP of 20k installed. I think that would be competitive. They also have a marketing plan and sales strategy in place. I hope to get details but that is good news. I am not sure of the Royalty agreement of $100. per unit as I did not investigate that number. It works out to .5% (.005) but that number changes if the unit is sold without installation (I am guessing here). These are all good words and attainable goals. Once the order sheet fills up and the royalties start flowing will the real story be told. This means the smart investors will start buying now thru the fall. Some less educated and weaker holders will start selling now and this should create an increase in share price. I am hoping for a big sell off right after the DOE thing in Washington as a Buying opportunity for me.
True, and...
the article on the idea 1/15/10:
http://www.alt-energy.info/oil-conservation/cyclone-power-to-develop-generator-that-runs-on-waste-oil/
the article on the completion 10/19/11:
http://www.greencarcongress.com/2011/10/cyclone-20111019.html
The P-10 will undergo a pilot progam in sellect 'field' sites after the rigorous testing has been completed. Mass production for the Phoenix-10 will commence once it has been submitted and approved by U.L. Currently we anticipate this to occur in late 2012.
Yes.
This is all there is to know...
From Phoenix Power news release...
The Phoenix-10 genset engine, the Cyclone Power Technology’s (www.cyclonepower.com) WHE-25, has undergone numerous hours of durability testing with extremely robust results. PPG has been very pleased with the mechanical performance of the WHE-25 engine.
Signed, sealed, delivered!!
Cheers Cycloners
Next week ARPA-E ENERGY INNOVATION SUMMIT
Starts on FEB 27
link http://www.energyinnovationsummit.com/showcase/list.html
Hope Ingersoll-Rand Company global leader in golf and utility vehicles see Cyclone products good match up for a new deal.
News
February 22, 2012 09:05 AM Eastern Time
Cyclone Power Technologies Participates in House Armed Services Roundtable to Assist Small Businesses
POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, participated yesterday in a select roundtable discussion of the House Armed Services Committee (HASC) Panel on Business Challenges within the Defense Industry. The event was hosted on the campus of Florida Atlantic University by Rep. Allen B. West (R-FL), Rep. Bill Schuster (R-PA), the Chairman of the HASC Panel, and Rep. Sam Graves (R-MO), the Chairman of the House Committee on Small Business.
“Small businesses are the engine for economic growth and job creation”
.Congressman West organized the event to discuss contracting and regulatory issues facing companies working with the Department of Defense, including ways to reduce bureaucratic obstacles and barriers to entry for firms like Cyclone. Approximately 50 executives from small, medium and large defense contractors participated in the discussion, including Lockheed Martin, Sikorsky and Pratt & Whitney/Rocketdyne.
"Small businesses are the engine for economic growth and job creation," stated Congressman West. "We need to make it less complicated for innovative companies like Cyclone Power to work with the largest federal contracting agency, the Department of Defense. By streamlining and reducing waste in government, we can also promote business and help supply our fighting forces with technology that makes them faster, stronger and more productive."
Christopher Nelson, President of Cyclone, commented, “As a small company that recently acquired a prime contract with the Army, and that sees substantial future opportunities to supply technology to all branches of defense, we applaud efforts on Capitol Hill to reduce administrative burdens in the contracting process. This roundtable gave us an opportunity to address some of our specific concerns to leaders who can make a difference. We thank Congressmen West, Schuster and Graves for hosting this very productive and important event."
About Cyclone Power Technologies
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
Follow Cyclone on Facebook: http://www.facebook.com/CyclonePowerTechnologies
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contacts
Cyclone Investor Relations
American Capital Ventures
Howard Gostfrand, President, 305-918-7000
www.amcapventures.com
or
Cyclone Media Contact
Red Letter Group
Will Wellons, 407-462-2718
will@redletterpr.com
Recent Stories from Cyclone Power Technologies Inc.
Cyclone Power Technologies Completes Acquisition of Defense Contractor, Advent Power Systems
February 16, 2012POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has closed the acquisition of Adve... more ». Cyclone Power Technologies Brings on Business Development Veteran, Douglas Hutchinson, & Sets Goals for 2012 Corporate Expansion
January 25, 2012POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that the Company has hired Douglas Hutchin... more ». Cyclone Power Technologies Selected to Present its Technology at Department of Energy Technology Summit
January 18, 2012POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that the Company has been selected to pres... more ».More Stories
I agree... It is time that they pull in some of the WAY OUT IN THE FUTURE stuff... The GLITZ like California.. AND GET DOWN TO MAKING MONEY!!!
Sorry... but all I see is how the OFFICERS like the limelight.. YES, networking is good... but there comes a time where you either can sell something or not.. ANY product can go on for years for more improvement... but Get sales on anything that is READY NOW!!
We could break .20 again if we don't see much more bid support....
Dilution has been going on for too many years to my price per share!!! I am a long, so I have never sold, but it really is tough on the spirit.
I agree with you...on this...
Not liking not hearing about anything firm.... funding completed, sales, etc... items that ADD money now.. What we did get is SHOWS more SHOWS, TALKS... etc...
And of course the Closing of ADVENT... but only the SPENDING Part... No talk of WHEN the first dollar of that estimated $450K IN SALES will begin..
Time for PROGRESS!!! The stock says it all... Look at the overhang of shares when someone buys... right back to the .20 range quickly... Wonder just how much more dilution is out there...... since the last report...
I read the announcement today, and just feel that is fluff. It actually makes me more concerned than optimistic. The share price is also down today, with a lot of shares sold at the ask. Not good. I am concerned that all their promises might once again be empty promises and nothing actually will be produced this year, let alone run a LSR car etc... I like what mickey said -hobby shop garage. I tend to agree with that. Because that is all it is, until it is something else.
Again "now invest" says it best. CYPW must see themselves as a future "leader" and major producer. They vision is limited to sitting back and waiting for royalties to show up. Edison did not do that, Gates did not do that, Ford did not do that. They need a big vision. They should change the business PLAN. If the model is job out most of the parts that is a good efficient well tried and true model. That model works no matter how big you get. The plan is deficient. If Harry's vision is to run a little R&D business fine. I say spin off a production company put Hutchinson in charge and move my stock to that subsidiary or make it primary giving me share votes and make the R&D a subsidiary. Cyclone cannot become a "hobby shop" looking for a lucky break.
Great Call out.... CYPW has to get the show on the road!!! LOTs of new products coming out.. Trucks at record numbers are having their engines modified/replaced with NG engines which can reduce costs as much as 50% or more...AND that simply reduces the incentive to add something that will reduce costs due to other efficienies.. Well Let's hope we see PRODUCTS going out SOON!! As in being SOLD !!!!! CYPW should really concentrate their LIMITED RESOURCES on the products that are just about ready to go and have a CUSTOMER WAITING!!
I am not sure but based on the thickness (thinness) it could make a coating for cylinder liners that would lubricate the rings without oil. Based on it's chemical makeup and molecular structure it appears to have oil like properties. I am thinking nano ceramic and diamond dust make act similarly also. This is all based on non scientific hunches that require testing. I expect Cyclone to employ many improvements over time as new materials become available. That is of course if they get in to a production situation.
Science guys.. could CYPW use this stuff for something?
http://www.dailymail.co.uk/sciencetech/article-2045825/Graphene-strong-sheet-clingfilm-support-elephant.html#ixzz1mtBk3nMa
In the case of Cyclone "now invest" is correct however that does not negate "dotells" assertion in a more general view. Example: A surgeon is attached to the neurology section of a hospital. The hospital has all the expenses and He comes in just for the surgery. He gets paid a handsome sum. It is all bottom line. Does the doctor have expenses the answer is yes and they are amortized over his whole career but it is still not viewed as annual expenses. Now that is what I call splitting hairs. Your both correct but in Cyclone case "now invest" is appropriate.
Acquisition of Advent Power Completed 02/17 02:51 AM
Cyclone Power Technologies expects to assume a prime contractor award with the U.S. Army Tank Command following its acquisition of Advent Power Systems.
The contract held by Advent Power Systems, worth $1.4 million, involved developing auxiliary power unit for armored vehicles using Cyclone's engine technology.
"We are pleased to have this acquisition closed," said Phillip F. Myers, Advent president and chief executive officer. "Advent's existing government relationships coupled with Cyclone's engine technology provides us many advantages now and going forward.
"I have great faith in Cyclone's ability to complete the U.S. Army contract, and ultimately, to commercialize its engine technology for both military and civilian customers."
Cyclone Power Technologies purchased Advent for 1.5 million shares of Cyclone stock.
"The closing of the Advent acquisition marks an important milestone for our company and shareholders," Cyclone President Christopher Nelson said. "With the TACOM contract, we expect to achieve solid revenue over the next year and, hopefully, gain a long-term customer.
"We believe that while military budgets are being trimmed, eco-friendly technologies that make our military forces more efficient and save the government money -- like the Cyclone engine -- will continue to receive funding and support. Cyclone will aggressively pursue these rewarding opportunities."
Cyclone Power is the developer of the all-fuel, clean-technology Cyclone Engine.
On or about March 2, 2012, the Advanced Research Projects Agency – Energy (“ARPA-E”) intends to issue an OpenFunding Opportunity Announcement (“Open FOA” or “FOA”). The objective of the Open FOA is to identify high-risk, high-reward concepts for energy-related technologies that may enhance our nation’s energy and economic security. This FOA will be open to any energy-related technology that, if successful, will have a transformational and disruptive effect on the energy sector.
ARPA-E is seeking your comments on the draft Open FOA. An overview of the application process is provided in Section I.B of the draft FOA, and a draft list of Technical Categories and Subcategories is provided in Section I.E of the draft FOA.. Please submit your written comments by email to ARPA-EOpenFOA@hq.doe.gov by 5 PM Eastern Time on Wednesday, February 29, 2012. ARPA-E will not review or consider comments submitted by other means. Please insert “Comments on Draft Open FOA” in the subject line of your email and include your name, organization, email address, and telephone number in the body of your email.
All feedback provided will be taken into consideration, but ARPA-E will not respond to individual submissions or publish publicly a compendium of responses. Neither this Announcement nor Attachment A in the Draft Open FOA below constitutes the formal request for this funding opportunity announcement. The Federal Government will not pay for the provision of any information, nor will it compensate any respondents for the development of such information.
This Announcement is also intended to provide an opportunity for potential Applicants to begin the process of developing partnerships and gathering data for their applications. Applicants should not rely on this Announcement or Attachment A in the Draft Open FOA below for guidance on applying to the Open FOA. All of the information in this Announcement and the Attachment below is subject to change. Applicants must refer to the final FOA issued in March 2012 for instructions on submitting an application and for the terms and conditions of funding. ARPA-E will not review or consider noncompliant and/or nonresponsive applications.
Once the final FOA is issued in March 2012, Applicants will have a limited amount of time to submit a mandatory Notice of Intent in ARPA-E eXCHANGE, ARPA-E’s online application portal (https://arpa-e-foa.energy.gov). Applicants must submit a separate Notice of Intent for each Concept Paper through ARPA-E eXCHANGE by the deadline stated in the FOA. Failure to comply with this requirement will render the Applicant’s Concept Paper ineligible for consideration (see Section III.C.1 of the draft FOA).
Please note that the draft Open FOA is designated as DE-FOA-0000663. When issued in March 2012, the final Open FOA will have a different designation, namely DE-FOA-0000670.
The statement was made INCORRECTLY that this would add $450K to the bottom line. The release from the company stated that we would get approximately $450K in new revenues.
Business 101 says that REVENUE - EXPENSES = Bottom line. We will be lucky if this $450K nets something like $80K... No statement has been made on Margins..
Total misunderstanding of Revenue vs Net... NOT splitting hairs..
1 + 1 = 2
The revenue (1) is added in to be reflected in the bottom line (2). Very simply stated it's added into the bottom line. This is not hard understand and is needlessly splitting hair.
Bottom line is net, Revenue is top line...
The quote was that the company would gain $450K in Revenues..
Not the bottom line as your DD here showed.. My question was where you got the $450K being added to the bottom line.. that DD is not correct. There is a HUGE difference in Bottom line VS REVENUE!! I would have loved to see your DD correct, however it wasn't..
Cyclone Power Technologies Completes Acquisition of Defense Contractor, Advent Power Systems
Thursday 16 February 2012
Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has closed the acquisition of Advent Power Systems. Cyclone will assume Advent’s position as prime contractor with the U.S. Army / Tank Command (TACOM), subject to formal novation, in a project utilizing Cyclone’s engine technology to develop an auxiliary power unit for multiple lines of combat vehicles, including the M1 Abrams tank, the IAV Stryker and the Bradley Fighting Vehicle.
The value of the Army contract being transferred to Cyclone is $1.4 million. Should this Phase I project advance to Phase II next year, it could be worth several million dollars in additional revenue to Cyclone and provide further development support towards the ultimate commercialization of these compact, efficient and multi-fuel power generators.
Christopher Nelson, President of Cyclone, commented, “The closing of the Advent acquisition marks an important milestone for our company and shareholders. With the TACOM contract, we expect to achieve solid revenue over the next year and, hopefully, gain a long term customer. We believe that while military budgets are being trimmed, eco-friendly technologies that make our military forces more efficient and save the government money -- like the Cyclone engine -- will continue to receive funding and support. Cyclone will aggressively pursue these rewarding opportunities.”
Dr. Myers commented, “We are pleased to have this acquisition closed. Advent’s existing government relationships coupled with Cyclone’s engine technology provides us many advantages now and going forward. This is an exciting time for both companies. I have great faith in Cyclone’s ability to complete the U.S. Army contract, and ultimately, to commercialize its engine technology for both military and civilian customers.”
The purchase price for the acquisition was 1.5 million shares of Cyclone common stock. This consideration is being held in escrow pending the official novation of the Army contract, and is further restricted for resale by a contractual two-year leak-out provision.
About Cyclone Power Technologies
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
Follow Cyclone on Facebook: http://www.facebook.com/CyclonePowerTechnologies
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Disclaimer: Reference herein to any specific commercial company, product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or the Department of the Army (DoA). The opinions of the authors expressed herein do not necessarily state or reflect those of the United States Government or the DoA, and shall not be used for advertising or product endorsement purposes.
I can't find this in the official announcement.. did I miss it.. Where did this DD come from?? And are you implying it is THIS year
Well... while not all out today... 1.5 million more shares ALLOWED to be "leaked" out over the next 2 years once..after the the contract is cleared.. wish we had sales to pay for things like this...
dotell,
seems we have something in common...there is a imposed one a day rule here as well...and I also would like to thank the Katmaster for the rational thinking.
And we just added 450,000 to the bottom line with the closing of the deal with Advent.
Cheers
NEWS.....
..
POMPANO BEACH, Fla.--(BUSINESS WIRE)--
Cyclone Power Technologies Inc. (OTCQB: CYPW.PK - News), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has closed the acquisition of Advent Power Systems. Cyclone will assume Advent’s position as prime contractor with the U.S. Army / Tank Command (TACOM), subject to formal novation, in a project utilizing Cyclone’s engine technology to develop an auxiliary power unit for multiple lines of combat vehicles, including the M1 Abrams tank, the IAV Stryker and the Bradley Fighting Vehicle.
The value of the Army contract being transferred to Cyclone is $1.4 million. Should this Phase I project advance to Phase II next year, it could be worth several million dollars in additional revenue to Cyclone and provide further development support towards the ultimate commercialization of these compact, efficient and multi-fuel power generators.
Christopher Nelson, President of Cyclone, commented, “The closing of the Advent acquisition marks an important milestone for our company and shareholders. With the TACOM contract, we expect to achieve solid revenue over the next year and, hopefully, gain a long term customer. We believe that while military budgets are being trimmed, eco-friendly technologies that make our military forces more efficient and save the government money -- like the Cyclone engine -- will continue to receive funding and support. Cyclone will aggressively pursue these rewarding opportunities.”
Dr. Myers commented, “We are pleased to have this acquisition closed. Advent’s existing government relationships coupled with Cyclone’s engine technology provides us many advantages now and going forward. This is an exciting time for both companies. I have great faith in Cyclone’s ability to complete the U.S. Army contract, and ultimately, to commercialize its engine technology for both military and civilian customers.”
The purchase price for the acquisition was 1.5 million shares of Cyclone common stock. This consideration is being held in escrow pending the official novation of the Army contract, and is further restricted for resale by a contractual two-year leak-out provision.
About Cyclone Power Technologies
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
Follow Cyclone on Facebook: http://www.facebook.com/CyclonePowerTechnologies
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Disclaimer: Reference herein to any specific commercial company, product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or the Department of the Army (DoA). The opinions of the authors expressed herein do not necessarily state or reflect those of the United States Government or the DoA, and shall not be used for advertising or product endorsement purposes.
..Contact:.
.Cyclone Power Technologies Inc.
Investor Relations:
American Capital Ventures
Howard Gostfrand, 305-918-7000
President
www.amcapventures.com
or
Media Contact:
Red Letter Group
Will Wellons, 407-462-2718
will@redletterpr.com.
...
AH.. never said that ONE post would bring the SEC in!! However, who is going to rule "if it will affect stock price" AND check back with that lawyer... as to postings giving the ability to play the stock at the time a future event happens.. If you think this is fine ask them to keep it up.... Frankly... I believe SHAREHOLDERS will pay if they don't use EXTREME caution. Again.. look into the SEC's history on this, rather than a single lawyer..
Good luck here....
I will use my one (imposed rationing) post today to thank you Kat! It is great to hear from you!
Hi. I have checked into your concern about an official of a company posting on facebook with an attorney who has knowlege of corporate companies. Cyclone Power, for example, has made it clear that people can go to facebook for updates. No information was given that would affect the share price. She merely stated that she was asked to write a monthly note in a local periodical. Not a big deal.
On the shorting... I just don't like the Naked, and game playing shorts... On regular stocks I have made some nice money when shorts got caught flat footed... I don't Like the games played with Pennies... seems that they never have to have the shares to cover... and naked shorting rules are just not enforced..
On the other item... I had thought it was already legal, until it was one of the reasons given for halting a stock.. But I agree there needs to be an update on this but right now there ISN'T!! So CYPW should be cautious
I can only hope you are not part of the Cyclone inner circle. My purpose is to protect my investment. The only opportunity for Me is based on share price. Share price on this stock is totally dependent on credibility. The science is good, the product appears good even though it is not in production yet. So investors have to rely totally on words emanating from Cyclone HQ. It can't be "Madison Ave" style word smithing. Time for positive numbers from other than stock sales. Are you going to argue that point also?
Lol oh gosh, that's huge!
Yes, I do. However, I also believe it should be illegal to sell something that you don't own; so, what I think really doesn't seem to matter. The SEC is not doing much to stop this, and I expect sooner or later it will become an acceptable way to announce news as well.
Once again, what news was released on Facebook? I must have missed it. Thanks in advance
You are right. and it is also true that some have been accused by the SEC of presenting misleading and/or preannounced information to a limited audience. This is especially watched for small companies and those where the Top officers do it.
Don't you think it is better for them to be safe than sorry??
This is not a unique situation. There are a number of corporate officers of public companies, including CEOs, that are out there posting almost daily on facebook about their activities for the company and the company's activities.
Now invest is correct. The SEC, NASD, And LIMRA all all very sticky on this issue. A lawyers opinion is meaningless. There official opinion is what matters. A written opinion from the regulators is necessary. There is a forth regulator and that is your State financial regulator. I think you should check with them before a problem arises. This is not difficult but every posting will have to be vetted. Institutions shows some naivete regarding the invest industry. If the reporting was being produced by someone other that the primary voting officer and BOD member this would be different. I received my first securities license in 1987. Bernie Madoff's debacle highlighted the blind spots in regulatory agencies. They are trying to fix that and if they receive a complaint they will investigate it. Whether or not it is a legitimate complaint does not matter it still is a big expense. I know Cyclone has a lot of balls in the air I am just concerned because some are mine.
I hope you are correct. I hope CYPW lawyers are on top of this. Other small companies have already got in trouble for commenting on these venues. I had previously thought it was OK. But found that I was wrong. Not sure that this particular case crossed the line. BUT, Just don't want them to cross it.. Period.
I don't want to find CYPW in trouble because people pressure them for more details on items on the forums. IF they respond with non-announced details not in the REAL public domain(per SEC) we could find our stock value DOWN FAST!! I doubt Frankie, checked with ANYONE before responding...
Hey... I was just putting out a warning...of a potential problem!! Companies Have be investigated for providing information NOT announced. And also, giving "hints" of things that put a postive spin on the the company that may or may not happen..
If all company lawyers did their jobs correctly there would not be any SEC investigations right?? Especially in penny land where CYPW trades...!!!
Lol yea Nelson by trade is a lawyer. I wish someone could enlighten me on the news
The knicker twisting news is... hold on to your hats folks....
A South Florida environmental magazine, titled "wiseBUYS," recently reported on Cyclone Power in their winter issue. See page 13 at the link below:
wiseBUYS winter 2012
viewer.epaperflip.com
Frankie says she's been asked to write a column.
So the news is! she's going to be writing news! available on the WEB!!
Well big friggin whoop, and good for her, is all I gotta say.
GIVE ME A BREAK
I'm sure the company lawyers would make them zip it if it wasn't legal to say in public forums..
Guess that is a request to bring it to the SEC and have them decide?? Not sure how that will help CYPW. But, if more clarification is needed for you, perhaps that would be the proper channel.
Too bad, I think The hint for CYPW not to bring out information on Facebook would have been in the best interest of Shareholders without further challenge.
OHHH, I must have missed some news somewhere. Could you please give me a link to some news from today that I missed. As far as I know, no news was released on facebook, Ihub, twitter etc today.
Thanks in advance
Please, read the DD over!! I think perhaps you read it too quickly and didn't understand it. Facebook announcments' that an officer of the company will be writing articles on a continuous basis is News IMO. NO officer can say that they are now a columist so to speak for a such an item and think that it won't impact the stock at some point!!!
The main concern is that if OFFICERS of a company are releasing information on Facebook THAT IS AN ISSUE!!
You asked that Did I think today's buying was due to that??? I simply will say Please prove that the information from FACEBOOK that an OFFICER of CYPW has been asked to contribute on an ongoing basis DID NOT?? Because that is what would have to be proved if complaints started showing up at the SEC!!
I don't make the rules, the SEC does!! Hey, if the OFFICERS of this company want to RISK OUR MONEY doing that, it is up to them. But I assure you that sooner or later it will HURT the stock when the SEC starts asking questions, or gets complaints OF NON-PUBLIC announcements!! And items from places such as FACEBOOK and TWITTER, OR even IHUB are NOT considered PUBLIC ANNOUNCEMENT VENUES!!
I believe that it is in the best interest of CYPW shareholders for officers NOT to post any information on those sites that has not been announced.
This is NOT any different than announcing Harry was invited to speak at this or that event!!
Of course, Feel Free to contact the SEC if you feel this DD is in error.
Ok SIR shoot first ask questions later ?
Hold back those reigns there cowboy. Frankie is a steam promoter. There's no insider trading going on related to those articles. There's no guaranteed news for each release. You really think that article is the reason for the 6% jump today? Lol there was nothing new. It's just more and more exposure. Its like saying a company is involved w insider trading because they have a commercial that airs every month. The best thing about this exposure however, is that its free
I start to worry about the SEC when management of CYPW start telling individuals that they will now have ARTICLES on an ongoing basis!!!
Cypw could be headed for trouble making such announcements, and to me that is an announcment on FACEBOOK!! NO news should be diseminated on ANY FACEBOOK Page!! Feel FREE to check with the SEC on that one!!
So, would some of the "inside" people start timing the articles and maybe buy before an article comes out thinking it might get some NEW investors to buy???? Then send the article out to many boards so the stock "might" get a short buying hit??
Maybe even for a day trade??
A follow up by Frankie Fruge on Facebook:
Followers
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234
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Posters
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Posts (Today)
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0
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Posts (Total)
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28183
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Created
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11/29/06
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Type
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Free
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